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07/24/13 12:24 AM

#31151 RE: Slyder009 #31147

Heres an article about it...


What if Apple Inc. (NASDAQ:AAPL) Uses Liquidmetal Technologies Inc. (OTCBB:LQMT) for the New iPhone

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Palm Beach Gardens, FL -- (SBWIRE) -- 07/18/2013 -- AimHighProfits knows penny stocks, especially hot OTC stocks, and does their homework. At AimHighProfits, we take research very seriously when highlighting and alerting on the best penny stocks and value investments on any stock market, including the OTC and PinkSheets. The penny stock picks issued at AimHighProfits are derived from the top penny stocks that we have evaluated for the best return on investment.

Yesterday's best penny stock has become one of the worst today: Liquidmetal Technologies Inc (OTCBB:LQMT)

Liquidmetal Technologies, Inc. (LQMT) is a materials technology company that develops and commercializes products made from amorphous alloys. The Company's Liquidmetal family of alloys consists of a variety of bulk alloys and composites that utilize the advantages offered by amorphous alloy technology.

Rumors arose yesterday that Apple Inc. (NASDAQ:AAPL) was planning to use a Liquidmetal casing for the new iPhone. Traders immediately rushed into LQMT stock, sending it on a 230% run before closing out its largest volume trading session ever at 0.202.

Then the reality set in:

On August 5, 2010, the Company entered into a Master Transaction Agreement with Apple Inc., pursuant to which Liquidmetal contributed substantially all of its intellectual property assets to a newly organized special-purpose, wholly-owned subsidiary called the IP Company. The IP Company granted to Apple a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in the field of consumer electronic products in exchange for a license fee, and it also granted back to Liquidmetal a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in all other fields of use.

In the 10-K description of the deal, it states clearly that under the agreements relating to the license transaction with Apple, the Company is obligated to contribute all intellectual property that they developed through February 2012 (which was subsequently amended to extend through February 2014).


Shares of LQMT opened lower, at 0.1482, and are struggling to stay above the 0.15 level so far after opening yesterday's trading session at just 0.066.

Currently, LQMT shares are trading at $0.148, down -0.054 (-26.73%), on volume of 54,661,015.

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Watts Watt

07/24/13 8:50 AM

#31172 RE: Slyder009 #31147

There is no link for that since it is not a fact. They paid 20 million for perpetual rights to all IP to be used in the Consumer Electronics market

east600

07/24/13 9:03 AM

#31177 RE: Slyder009 #31147

From the 10-Q - page 11 in Note to Financial Statements

http://www.sec.gov/Archives/edgar/data/1141240/000143774913005968/lmr_10q-033113.htm

Apple License Transaction

On August 5, 2010, the Company entered into a license transaction with Apple Inc. (“Apple”) pursuant to which (i) the Company contributed substantially all of its intellectual property assets to a newly organized special-purpose, wholly-owned subsidiary, called Crucible Intellectual Property, LLC (“CIP”), (ii) CIP granted to Apple a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in the field of consumer electronic products, as defined in the license agreement, in exchange for a license fee, and (iii) CIP granted back to the Company a perpetual, worldwide, fully-paid, exclusive license to commercialize such intellectual property in all other fields of use. Additionally, in connection with the license transaction, Apple required the Company to complete a statement of work related to the exchange of Liquidmetal intellectual property information. The Company recognized a portion of the one-time license fee upon receipt of the initial payment and completion of the foregoing requirements under the license transaction. The remaining portion of the one-time license fee was recognized at the completion of the required statement of work.

Under the agreements relating to the license transaction with Apple, the Company is obligated to contribute all intellectual property that it developed through February 2012 (and subsequently amended to extend through February 2014) to CIP. The Company is also obligated to maintain certain limited liability company formalities with respect to CIP at all times after the closing of the license transaction.

east600

07/24/13 9:10 AM

#31179 RE: Slyder009 #31147

Apple has an exclusive agreement to use Liquidmetal in consumer electronics.

Royalties on eventual sales have never been disclosed.

Licensing fees are separate and distinct from royalty payments.

A year old article from Forbes. Interesting.

http://www.forbes.com/sites/greatspeculations/2012/06/01/apple-iphone-5-and-the-insanity-of-liquidmetal-speculation/

"If Liquidmetal turns up in iPhone 5 case, there is not much doubt that uninformed speculators will run Liquidmetal stock up. For investors who can read an 8K, there is a bonanza ahead first on the long side and then on the short side."